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Ref. We1523

Location: Hillside
Village / Town: Cortona 8kms
Size: 270 sqm
Beds / Baths: 4 / 4
Condition: Good
Garden / Pool: Yes / yes
Garden size: private, 4300 sqm
Energy label: G - Epi > 190 Kwh/sqm per year
Nearest town with services: Pergo, 2 minutes / Cortona less than 10 minutes
Price: 950.000 €
City or Zone: Cortona
Province: Arezzo
Region: Tuscany

Request information
  • spectacular views
  • swimming pool
  • 4 beds - could easily be more
  • small annex in garden
  • landscaped garden with olive trees
  • within walking distance of quaint village
  • well-serviced with restaurants and shops
  • priced o sell quickly

Situated on a hillside with stunning panoramic views, Villa Oleandra is a charming property with noble origins.

It is located within walking distance of the small, but busy village of Pergo and a further five minutes from the hilltop town of Cortona where one can enjoy fine wines in the open air piazzas, excellent restaurants and an eclectic mix of both foreigners and Italians.

Once part of the extensive estate belonging to Cardinal Passerini, lands bestowed on him by the Medici family in the 1500’s, Villa Oleandra stands in the private grounds of one and a half acres (4,300 sqmts) entered via an electronic gate offering added security.

Originally built in the 1800s, the two buildings which comprise Villa Oleandra were converted in the 1980’s by the property’s previous owner, a well known Italian actor and theatre director. In fact, its conversion combines both the artistic with the classical, creating an immediately welcoming and comfortable environment.

The two buildings - originally a tobacco drying tower and stables - are conjoined by a short glass passageway, allowing for large house parties.

The ex-stables hold two double bedrooms and a large bathroom on the ground floor with a third bedroom and shower room under the eaves. There is also a large open space sitting room (with a magnificent stone fireplace) and dining area from which all doors lead out into the garden.

The ex-tobacco tower, which can be heated separately during the winter months, houses a large kitchen with working fireplace and wc/boiler room on the ground floor, a sitting room with a beautiful study/library space in wood on the first floor and a large master bedroom and en-suite bathroom on the top floor with air conditioning installed. Each of these rooms has wonderful far reaching views of the Italian countryside.

Outside there is a beautiful loggia for dining ‘al fresco’ which looks out over the beautifully maintained lawns and garden all of which have been loved and nurtured for the last 35 years.

There is a small annex currently used as a laundry/storage room and on a lower terrace a large swimming pool overlooking the valley.

Dotted around the grounds are many olive trees, some immensely old, which provide sufficient olive oil for the year.

Whether a holiday home or permanent home, a caretaker would be at hand to maintain the grounds, swimming pool, prune the olive trees and pick the olives and air and/or clean the house when required. Cooking services are also available. This is an added bonus especially if one wishes to continue the property’s successful rental business.

The village of Pergo (3 minutes by car, 15 minutes walking) is well serviced with a lively bar which enjoys a mix of foreigners and Italians (also international newspapers), a pizzeria (also take-away), a very well stocked supermarket/delicatessen, a hardware store and a Relais restaurant and spa hotel (La Corte dei Papi). Cortona is 5 minutes by car and there are two national mainline train stations (Rome-Florence-Milan) within 15 minutes drive.

Ideally situated, Villa Oleandra is a beautiful property located in an area of Cortona which is greatly sought after. To buy a home in this prestigious area would be considered a sound investment

Annual council tax: E. 1.800

Purchase costs:

Taxes & Fees:

  • As a resident – E. 2.850
  • As a non resident – E. 12.000
  • Notary fees: approx E. 3.500
  • Agency fees: 3.66% of agreed purchase price (inclusive of VAT)

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